{"id":631045,"date":"2025-02-27T15:06:35","date_gmt":"2025-02-27T15:06:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=631045"},"modified":"2025-02-27T15:06:35","modified_gmt":"2025-02-27T15:06:35","slug":"bitcoin-30-pullback-considered-normal-in-bull-run-as-btc-bull-token-nears-3m-in-presale","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/press-releases\/bitcoin-30-pullback-considered-normal-in-bull-run-as-btc-bull-token-nears-3m-in-presale","title":{"rendered":"Bitcoin: 30% Pullback Considered Normal In Bull Run As BTC Bull Token Nears $3M In Presale"},"content":{"rendered":"

The BTC Bull Token ($BTCBULL)<\/a> presale is charging ahead, surging past $2.9 million in funding despite the crypto crash.<\/p>\r\n\r\n\r\n\r\n

As a Bitcoin-based meme coin, $BTCBULL offers investors a way to gain exposure to Bitcoin while mitigating some of its volatility. <\/p>\r\n\r\n\r\n\r\n

While some analysts see a 30% drop in Bitcoin’s price as a routine correction in a bull market, BTC Bull Token presents an opportunity to benefit from Bitcoin’s potential upside without experiencing the same drawdowns.<\/p>\r\n\r\n\r\n\r\n

That’s why the current funding stage for BTC Bull Token is seeing a surge in demand, with daily investments now exceeding $170,000.<\/p>\r\n\r\n\r\n\r\n

Currently, $BTCBULL<\/a> is available at $0.002385 per token, but this presale stage lasts only two more days before the subsequent price increase.<\/p>\r\n\r\n\r\n\r\n

Bitcoin Might Plunge 30% From All-Time High—But That’s Not Unusual<\/h2>\r\n\r\n\r\n\r\n

Bitcoin dropped below $90,000 on Tuesday before settling at $86,000 – a level it hasn’t seen in three months. The decline comes amid growing market turbulence, with Bitcoin posting its steepest three-day drop since the FTX collapse in 2022, falling 12.6% from Monday to Wednesday.<\/p>\r\n\r\n\r\n\r\n

Adding to the pressure, BlackRock’s iShares Bitcoin Trust recorded its largest single-day outflow on Thursday, with $420 million pulled from the fund. Combined with other Bitcoin ETFs, total outflows now exceed $756 million, deepening concerns about further downside.<\/p>\r\n\r\n\r\n\r\n

With Bitcoin already down 21% from its all-time high, fears of a drop below $80,000 are rising. A full 30% correction would push BTC to around $76,000 – a scenario that, while unsettling, isn’t unprecedented. <\/p>\r\n\r\n\r\n\r\n

Bitcoin financial services firm Onramp notes that historical drawdowns have ranged from 20% to 60%, including a 30% pullback in August 2024 before BTC rallied to six figures.<\/p>\r\n

<\/p>

At ~$87k, BTC is ~20% below its recent ATH.

Historically speaking, bitcoin's bull market drawdowns have ranged anywhere from ~20% to ~60%.

As recently as August 2024, BTC experienced a ~30% correction before resuming its uptrend.

When in doubt…ZOOM OUT. pic.twitter.com\/v6YpI2FdQv<\/a><\/p>— Onramp (@OnrampBitcoin) February 25, 2025<\/a><\/blockquote>